The Trader's Mind I - The Trading Contradiction

One of the real contradiction traders face is that the forces that attract people to trading are exactly what make them lose in trading.

For most traders, trading is attractive because they can:

Make a lot of money
Get rich quickly
Have the best commute
Make a good living trading only 2 hrs every day.
Live anywhere
No bosses or employees needed
Be unaffected by economy, political shifts, natural disasters, etc.
No hard assets, office space, etc needed.Do you want to have an income in the top 10% working for yourself two hours from your home while you can browse the computer? Well, who wouldn't?

Lets step back a moment and see how someone outside the trading world may evaluate these criteria:

Make a lot of money - greedy
Get rich quickly - impatient
You have the best commute - lazy
Make a good living trading only 2 hrs every day. - super lazy
Live anywhere - mercurial
No bosses or employees needed - poor social skills
Be unaffected by economy, political shifts, natural disasters, etc. - fearful
No hard assets, office space, etc needed. - unattached.As you can see, the worst developed personalities are naturally attracted to trading and its no wonder that 80% of traders lose everything they ever put into trading. To be successful, you need to fight the very qualities that brought you to trading in the first place. This is the contradiction that traders face on the very first day that they begin to trade.

This is how each of the above qualities impacts your trading:

Greedy - Makes you stay in a winning trade too long until it becomes a loser.
Impatient - Forces trades, enter too early on poor signals
Lazy - does not work on improving one's understanding of the market and trading system.
Mercurial - Emotional trading, revenge trading, chasing price with every turn.
Poor social skills - Inability to learn from the experiences of other traders
Fearful - Cant take trades, exit trades too early, unable to hold through a pullback
Unattached - Jump from trading system to trading system whenever current system gives a bad dayI know of no single trader who started without at least half of these afflictions.

Once you acknowledge that just choosing to be a trader automatically sets you up for failure, you have the opportunity to amend the very qualities that brought you to trading and modify yourself to be the very opposite and thus be successful. 交易者面临的真正矛盾之一是，吸引人们进行交易的力量恰恰是导致他们在交易中失败的原因。对于大多数交易者来说，交易很有吸引力，因为他们可以：

赚很多钱
迅速致富
拥有最好的通勤体验。
每天只交易2小时，过上好生活。
随时随地生活
不需要老板或员工。
不受经济、政治变化、自然灾害等影响。
不需要硬资产、办公空间等。

你想在离家两个小时的地方自己工作，同时可以浏览电脑，拥有排名前10%的收入吗？嗯，谁不想呢？

让我们退后一步，看看一个不在交易世界的人如何评估这些标准：

赚很多钱 - 贪婪
追求快速致富 - 不耐烦
你有最好的通勤方式 - 懒散。
每天只交易2小时，也能过上好生活。- 超级懒惰
随时随地 - 善变
不需要老板或员工 - 社交技能差
不受经济、政治变化、自然灾害等影响 - 恐惧
不需要硬资产、办公空间等 - 无附属。

正如你所看到的，最糟糕的发展不良个性自然会被吸引到交易，难怪80%的交易者失去了他们投入交易的一切。要成功，你需要对抗最初吸引你来交易的那些特质。这是交易者在开始交易的第一天就面临的矛盾。

这就是上述每个品质如何影响您的交易：

贪婪 - 让你在赢利的交易中停留太久，直到它变成亏损。
不耐烦 - 强制交易，过早进入不良信号
懒惰 - 不努力提高对市场和交易系统的理解。
情绪不稳 - 情绪交易，报复性交易，追逐每一个价格波动。
社交技能差 - 无法从其他交易者的经验中学习
害怕 - 无法进行交易，过早退出交易，无法在回撤中持有。
不固定 - 当当前交易系统出现不好的一天时，跳到另一个交易系统。

我不知道有哪个交易者没有至少一半的这些困扰。一旦你承认仅仅选择成为一名交易员就自动使你失败，你就有机会改变带你来到交易的那些特质，改变自己成为完全相反的人，从而获得成功。